For Sale: Minneapolis MLS# 6655810
Active
$145,000
Commercial: Apartments/Retail
Built 1912
0.12 acres
Minneapolis schools
MLS# 6655810
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Property Description
Commercial mixed use building at a great location! Corner of 29th & Penn with tons of traffic exposure. This would make a great spot for office, shop, retail, or mixed-use with apartment + business. Lot extends to alley with enough room to build a garage or add some parking. ZONE C1 - Neighborhood Commercial District allows many uses. Currently has 3 rooms street side for business/office use + kitchen & full bathroom. Back of building includes 2bedrooms apartment with kitchen & full bathroom. Projected ARV rents for current set up = $3000/month total. C1 Zoning offers a multitude of options if building new. Neighboring lot to South is vacant and possibly for sale. Opportunity knocks!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$145,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1912
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55411
Neighborhood/Area:
Jordan
Subdivision Name:
Penn Ave Add
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Foundation Size:
1,385 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
On-Street Parking Only
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Stucco
Roof Details:
Flat
Lot & Land
Acres:
0.12
Geolocation:
45.009493, -93.308599
Inclusions:
Building, Land
Lot Dimensions:
40 x 127
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$692
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$1,198
Units
Total Units:
3
Miscellaneous
Current Use:
- Professional Service
- Professional/Office
- Residential
- Retail
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.